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Strathcona Resources Ltd V.SCR


Primary Symbol: T.SCR Alternate Symbol(s):  STHRF

Energy Oil & Gas E&P
Strathcona Resources Ltd. is a Canada-based oil and gas producers with operations focused on thermal oil, enhanced oil recovery and liquids-rich natural gas. The Company has three operations, including Lloydminster Heavy Oil, Cold Lake Thermal Oil and Montney. The Lloydminster Heavy Oil segment has multiple large oil-in-place reservoirs with existing and expanding enhanced oil recovery (EOR) opportunities primarily located in southwest Saskatchewan. Its Saskatchewan thermal properties rely on the same steam-assisted gravity drainage (SAGD) processes as its Cold Lake Thermal properties. It is a producer in the Cold Lake region of Alberta. Its operations include thermal oil producing assets at Lindbergh, Orion and Tucker, with production from SAGD oil assets. Its Montney development is positioned in some of the active regions in the Montney basin, the condensate-rich Kakwa, Grande Prairie, and Groundbirch regions, and produces liquids-rich gas.


TSX:SCR - Post by User

Strathcona Resources Ltd > TD doing a lot of buying today
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Comment by MichaelRyan2on Dec 17, 2019 3:30pm
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Post# 30465193

RE:TD doing a lot of buying today

RE:TD doing a lot of buying todayHey buddy, here and just been quitely listening...

Was a little perplexed to be honest when it fall back below $0.70  but with the big volume last two days, it appears some one knows something...

Appears NEWS or PR may be right around the corner....  be good to just see a CLOSE of $0.72 or higher.  Technicals turning back up, volume is back... just need a PR or catalyst to warrant next leg up to $0.82+ where we will be in sight of new multi year high
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Dealroom for high-potential pre-IPO opportunities